267
267
Jan 15, 2013
01/13
by
KQED
tv
eye 267
favorite 0
quote 0
. >> brown: congress has until march to raise the debt ceiling and prevent a government default. most republicans have insisted that with the government facing another trillion dollar deficit this year, any increase in borrowing authority must be tied to cuts in spending. the president flatly disagreed. >> i want to be clear about this. the debt ceiling is not a question of authorizing more spending. so while i'm willing to compromise and find common ground over how to reduce our deficits, america cannot afford another debate with this congress about whether or not they should pay the bills they've already racked up. >> brown: the 2011 stand-off between the president and republicans over the debt ceiling led the nation to the bryning of national default. standard and poors even lowered its rating on u.s. government bonds. today, president obama said any repeat performance would be, quote, irresponsible. >> if the goal is to make sure that we are being responsible about our debt and our deficit, if that's the conversation we're having, i'm happy to have that conversation. what i w
. >> brown: congress has until march to raise the debt ceiling and prevent a government default. most republicans have insisted that with the government facing another trillion dollar deficit this year, any increase in borrowing authority must be tied to cuts in spending. the president flatly disagreed. >> i want to be clear about this. the debt ceiling is not a question of authorizing more spending. so while i'm willing to compromise and find common ground over how to reduce our...
170
170
Jan 15, 2013
01/13
by
CNBC
tv
eye 170
favorite 0
quote 0
. >>> urging for actions, president obama and tim geithner say congress must raise the debt ceiling or cause irreparable damage to the u.s. economy. >>> and jump t to the top of the ftse 100 after third quarter revenue beat the forecast, burberry had earnings higher than expected. >>> all right. sorted out my mike issues. "worldwide exchange" is slightly different today because we're analyzing the first german gdp numbers. >> and i come to the u.s. where it's all annualized and we stick to the european data and it's quarter on quarter. given the context, we're still working through what all that means. >> exports in november, down 94.1 billion is where we essentially went. 98.4 billion was the october numbers. so exports in november driving down. and that gdp number is worth pulling out. exports for the year, up 4.1%. as far as production is concerned, it was up 2% in november. but the forecast were for it to rise up 1%. it was a very weak october, as well. it was this production and that production number. when that came out, it essentially made people put a pretty fourth quarter in t
. >>> urging for actions, president obama and tim geithner say congress must raise the debt ceiling or cause irreparable damage to the u.s. economy. >>> and jump t to the top of the ftse 100 after third quarter revenue beat the forecast, burberry had earnings higher than expected. >>> all right. sorted out my mike issues. "worldwide exchange" is slightly different today because we're analyzing the first german gdp numbers. >> and i come to the u.s....
326
326
Jan 15, 2013
01/13
by
KRON
tv
eye 326
favorite 0
quote 0
." >> catherine: another battle the president is facing -- the debt ceiling. he called on congress today to act quickly to raise it.saying america is not a 'dead-beat nation' that doesn't pay its bills. he says the mere threat of defaulting on government obligations is hurting the economy. the government has hit its borrowing limit and is expected to run out of ways to pay bills by early march. most people have never heard launchers and other weapons. former president bush is finally released from a hospital. right now, 40's through daly city. as for the current temperatures? quickly dropping into the 40's. 44 in daly city. a 49 in fremont. but we are in for a nother round of the 30's and '40's again tonight. from the san mateo bridge we are seeing clear skies. the cold air mass with the combination of these things and a light went with cold temperatures and yet again the. taking a look at futurecast. widespread 30's. take a look a your screen. already 20's and 30's for the north bay. temperatures will start to warm up of but very slowly. still dealing with a
." >> catherine: another battle the president is facing -- the debt ceiling. he called on congress today to act quickly to raise it.saying america is not a 'dead-beat nation' that doesn't pay its bills. he says the mere threat of defaulting on government obligations is hurting the economy. the government has hit its borrowing limit and is expected to run out of ways to pay bills by early march. most people have never heard launchers and other weapons. former president bush is finally...
146
146
Jan 15, 2013
01/13
by
KGO
tv
eye 146
favorite 0
quote 0
was held this morning and he talked about the debt ceiling announcing if congress doesn't work with him and raise the debt ceiling america will go into default on the loans and we might have to sell florida. so, take goodbye to nanna and papa. >> you can see jimmy kimmel at the new time following the abc7 at 11. >> and the story behind a baby panda high five that >> on the 4th anniversary of the miracle on the hudson, "sully" sullenberger joins katie couric for a great day and reunited with the passengers he saved in the incredible emergency landing on new's hudson river. >> of all people to be piloting that day, thank god, sully, it was you. sometimes i get on a plane and i am like, sully? anybody named sully on this plane? >> i appreciate that. when i travel as a passenger i have people recognize me and they say i feel better knowing you are here. >> we feel the same way, too. that is katie at 3:00 and you can hear more right here on abc7. on abc7 news at 4:00, a hand's on lesson, high school students get an opportunity to touch and study a whale. on abc7 news at 5:00, the number of p
was held this morning and he talked about the debt ceiling announcing if congress doesn't work with him and raise the debt ceiling america will go into default on the loans and we might have to sell florida. so, take goodbye to nanna and papa. >> you can see jimmy kimmel at the new time following the abc7 at 11. >> and the story behind a baby panda high five that >> on the 4th anniversary of the miracle on the hudson, "sully" sullenberger joins katie couric for a...
74
74
Jan 15, 2013
01/13
by
CSPAN
tv
eye 74
favorite 0
quote 0
the debt ceiling -- raising the debt ceiling, which congress has to do periodically, gives the government the ability to pay its existing bills. it does not create new deficits. it does not create new spending. so not raising the debt ceiling is sort of like a family which is trying to improve its credit ratings and i know how we can save money, we will not pay our credit card bills. not the most effective way to improve your credit rating. it was a very slow solution to the debt ceiling in august of 2011 that got the u.s. downgraded last time. so it's very important. all these issues are important, but it's very, very important that congress take necessary action to raise the debt ceiling to avoid a situation where our government does not pay its bills. >> a number of people have expressed concern about how much of the challenges actually were addressed in the deal. it went part of the way, as you mentioned. but it leaves a number of issues still on the table and traditional negotiations are looming. would you characterize that as an additional cliff that is facing us? or do you think it
the debt ceiling -- raising the debt ceiling, which congress has to do periodically, gives the government the ability to pay its existing bills. it does not create new deficits. it does not create new spending. so not raising the debt ceiling is sort of like a family which is trying to improve its credit ratings and i know how we can save money, we will not pay our credit card bills. not the most effective way to improve your credit rating. it was a very slow solution to the debt ceiling in...
120
120
Jan 15, 2013
01/13
by
KOFY
tv
eye 120
favorite 0
quote 0
was held this morning and he talked about the debt ceiling announcing if congress doesn't work with him and raise the debt ceiling america will go into default on the loans and we might have to sell florida. so, take goodbye to nanna and papa. >> you can see jimmy kimmel at the new time following the abc7 at 11. >> and the story behind a baby [ female announcer ] this is a special message from at&t. [ male announcer ] it's no secret that the price of things just keeps going up. [ female announcer ] but we have some good news. it's our bundle price promise. [ male announcer ] a price you can definitely count on, for two whole years. from at&t. [ female announcer ] a great price for a great triple-play bundle. [ male announcer ] call now. bundles with u-verse tv, internet and home phone start at $89 a month. now get the same great price for two years. [ female announcer ] switch today and get a total home dvr included, free for life. [ male announcer ] you get reliable, high speed internet on our advanced digital network. choose from speeds up to 24 megs. [ female announcer ] and with u-v
was held this morning and he talked about the debt ceiling announcing if congress doesn't work with him and raise the debt ceiling america will go into default on the loans and we might have to sell florida. so, take goodbye to nanna and papa. >> you can see jimmy kimmel at the new time following the abc7 at 11. >> and the story behind a baby [ female announcer ] this is a special message from at&t. [ male announcer ] it's no secret that the price of things just keeps going up....
159
159
Jan 15, 2013
01/13
by
FOXNEWSW
tv
eye 159
favorite 0
quote 0
>> i don't agree. 9 debt ceiling is money that has been appropriated by congress. the republicans have agreed to this spending. now what we are talking about is making sure that the government has enough money to pay for t. the republicans, if they didn't want the spending, they should have fought with the democrats to prevent the budgets from being approve in the first place. i think what -- most countries in the world don't have a debt ceiling. when government -- when the congress and their equivalent appropriates the money, the government has the borrowing authority to pay for the imra money they borrow. ben bernanke said yesterday, we have to stop having these dibait overs the debt ceiling, it's a stupid idea. the head of the federal reserve. i think the democrats are frustrated. i think that's why they passed this bill -- >> neil: where was their frustration 7 years ago, when the folk who is were urging this very action today voted against raising the debt ceiling when george bush was president? where was the great constitutional resolve? >> i don't disagree w
>> i don't agree. 9 debt ceiling is money that has been appropriated by congress. the republicans have agreed to this spending. now what we are talking about is making sure that the government has enough money to pay for t. the republicans, if they didn't want the spending, they should have fought with the democrats to prevent the budgets from being approve in the first place. i think what -- most countries in the world don't have a debt ceiling. when government -- when the congress and...
59
59
Jan 15, 2013
01/13
by
FBC
tv
eye 59
favorite 0
quote 0
there is a reason that debt ceiling raised with congress. that is a reason they have to start using the president's language and site we have to have a baland approach. if you want the debt ceiling raised come at some point we're going to have to address spending cuts. this is as good a time as any. i don't think they should go all in, draw a line in the sand and shut the government down because the public doesn't know a heck of a lot about this. they could be the recipient of the blame for this. gerri: use a dollar for dollar doesn't work. >> it will not stop the debt from growing as a percent of gdp because the gap is too large. >> i'm not saying it will balance the budget. we have to start the conversation, this is a good place to start making inroads. that is when republicans really have to draw the line in the sand. gerri: you were saying, which i thought was interesting, somewhat at odds with the conservative pundits that has to be some negotiation, give or take on both sides. >> what i said was any increase in taxes on income that wou
there is a reason that debt ceiling raised with congress. that is a reason they have to start using the president's language and site we have to have a baland approach. if you want the debt ceiling raised come at some point we're going to have to address spending cuts. this is as good a time as any. i don't think they should go all in, draw a line in the sand and shut the government down because the public doesn't know a heck of a lot about this. they could be the recipient of the blame for...
158
158
Jan 15, 2013
01/13
by
KTVU
tv
eye 158
favorite 0
quote 0
government will run out of money to pay its bills if congress does not raise the debt ceiling. president barack obama will not negotiate with congress on this issue. while republicans want any increase in the debt ceiling to be tied to spending cuts... >> the issue here is whether or not america pays its bills. we are not attend beat nation and so -- there is a very simple solution to this. >> now in a statement, house speaker phil boehner indicated the republican party is prepared for a fight and the consequences of increasing the debt ceiling are real but so too is the consequences of allowing our spending problem to go unresolved. >>> they are closely watching this debt ceiling battle in washington and if congress does not act on the debt ceiling, the national economy could fall and that would have a negative affect on california's budget numbers. they revealed a budget surplus in many years and that's thanks to a new tax revenue from proposition 30 as well as spending cuts. >>> the social media is buzzing about a possible announcement by facebook. janine de la vega joins us
government will run out of money to pay its bills if congress does not raise the debt ceiling. president barack obama will not negotiate with congress on this issue. while republicans want any increase in the debt ceiling to be tied to spending cuts... >> the issue here is whether or not america pays its bills. we are not attend beat nation and so -- there is a very simple solution to this. >> now in a statement, house speaker phil boehner indicated the republican party is prepared...
100
100
Jan 15, 2013
01/13
by
KTVU
tv
eye 100
favorite 0
quote 0
. >>> they will run out of money to pay the bills if congress does not raise the debt ceiling. president barack obama said we are not a dead beat nation and congress wants to pay its bills but we do not want to be tied to spending cuts. >> they have two choices they can act responsibly and pay america's bills or they can act irresponsibly and put america through another economic crisis. >> house speaker phil boehner indicated the gop is prepared for a fight and the consequences to fail to increase the debt ceiling are failing as well as allowing the spending problem to go unresolved. the concern is that if congress fails to act on the debt ceiling, the national economy could dip and that could likely have and i affect on california's budget numbers. >> the risk to our forecast numbers could come next month and that's what the federal government chooses to do or not to do regarding the debt ceiling. >> the budget released by governor jerry brown showed a budget surplus for the first time in many years. >>> right now it is 4:44 let's check in with sal on an early morning report o
. >>> they will run out of money to pay the bills if congress does not raise the debt ceiling. president barack obama said we are not a dead beat nation and congress wants to pay its bills but we do not want to be tied to spending cuts. >> they have two choices they can act responsibly and pay america's bills or they can act irresponsibly and put america through another economic crisis. >> house speaker phil boehner indicated the gop is prepared for a fight and the...
120
120
Jan 15, 2013
01/13
by
KGO
tv
eye 120
favorite 0
quote 0
he announced if congress doesn't work with him and raise the debt ceiling will america will go into default and we might have to sell florida. say goodbye to nana and pop pop. >> chimpy up next. >> the morning news starts at 4:30 appreciate your time have a good night. a good night. >> good night
he announced if congress doesn't work with him and raise the debt ceiling will america will go into default and we might have to sell florida. say goodbye to nana and pop pop. >> chimpy up next. >> the morning news starts at 4:30 appreciate your time have a good night. a good night. >> good night
251
251
Jan 15, 2013
01/13
by
KGO
tv
eye 251
favorite 0
quote 0
he announced if congress doesn't work with him and raise the debt ceiling will america will go into default and we might have to sell florida. say goodbye to nana and pop pop. >> chimpy up next. >> the morning news starts at 4:30 appreciate your time have a good night. a good night. >> good night "jimmy kimmel live"! tonight ellen degeneres. the bachelor sean lowe. and music from onerepublic. with cleto and the cletones. and now from this point on, here's jimmy kimmel! [ cheers and applause ] >> jimmy: welcome. hi, i'm jimmy. i'm the host. thanks for watching. thank you for -- raising the arctic 50 degree weather to be here tonight in hollywood. very kind. i do appreciate
he announced if congress doesn't work with him and raise the debt ceiling will america will go into default and we might have to sell florida. say goodbye to nana and pop pop. >> chimpy up next. >> the morning news starts at 4:30 appreciate your time have a good night. a good night. >> good night "jimmy kimmel live"! tonight ellen degeneres. the bachelor sean lowe. and music from onerepublic. with cleto and the cletones. and now from this point on, here's jimmy...
274
274
Jan 15, 2013
01/13
by
CNBC
tv
eye 274
favorite 0
quote 0
however fitch does add it expects congress will ultimately approve a debt ceiling increase. also this morning the postal service plans to speed up cost-cutting and revenue boosting measures. not saying exactly what steps it's going to take although it does plan to reveal them at a later time. the service has been waiting for congressional legislation to put it on more sound financial footing. but lawmakers have been occupied with the fiscal cliff, the debt ceiling, and other pressing issues. and finally radio shack is ending its mobile phone partnership with target. the venture has been unprofitable and radio shack has been unable to negotiate more favorable terms. >>> as you know, the house is set to vote today on a $51 billion superstorm sandy package that has already turned in to a bitter battle over spending. joining us now is congressman frank pallone, who represents the sixth district of new jersey, one of the hardest-hit areas of the jersey shore during the late october storm. and congressman, thank you for being here. this was a late october storm. we are now in janu
however fitch does add it expects congress will ultimately approve a debt ceiling increase. also this morning the postal service plans to speed up cost-cutting and revenue boosting measures. not saying exactly what steps it's going to take although it does plan to reveal them at a later time. the service has been waiting for congressional legislation to put it on more sound financial footing. but lawmakers have been occupied with the fiscal cliff, the debt ceiling, and other pressing issues....
132
132
Jan 15, 2013
01/13
by
KGO
tv
eye 132
favorite 0
quote 0
he talked about the debt ceil saying if congress does not work with him to raise the debt ceiling america will be in default and we my have to sell florida. >> watch jimmy kimmel live weeknights right here on abc7 at the new time following abc7 news at 11 and "nightline" is on right after that. >> lebanese -- leave disneyland and the cracked crab >> welcome back on the 4th anniversary of "miracle on the hudson." "sully" sullenberger joins katie about the incredible emergency landing. >> of all people to be piloting that lane, thank goodness it was you. i get on a plane and i think, sully? anyone named sully on this plane. >> i appreciate that and when i travel as a passenger i have people recognize me and they say i feel better knowing you are here. >> i look for him in the cockpit, as well. that is katie at 3:00 p.m. right here on abc7. >> good show. >> 5:23. great mighting that day. amazing to see the pictures. >> now, outside, it is darn cold. >> do we want do? mike, what are we facing? >> freezing temperatures in a lot of areas but this afternoon we are going to chip away at this air
he talked about the debt ceil saying if congress does not work with him to raise the debt ceiling america will be in default and we my have to sell florida. >> watch jimmy kimmel live weeknights right here on abc7 at the new time following abc7 news at 11 and "nightline" is on right after that. >> lebanese -- leave disneyland and the cracked crab >> welcome back on the 4th anniversary of "miracle on the hudson." "sully" sullenberger joins katie...
133
133
Jan 15, 2013
01/13
by
KPIX
tv
eye 133
favorite 0
quote 0
but the president says he will not have the debt ceiling tied to the bills congress has already racked up. >> what i will not do is to have that negotiation with a gun at the head of the american people. >> reporter: the debt ceiling deadline is just one of three budget showdowns the white house and congress face in the coming months. house speaker john boehner said if laws do not tackle the debt and spending at the same time, it will cost americans jobs. in a statement, senate minority leader mitch mcconnell said "the president and his allies need to get serious about spending." danielle nottingham, cbs news, the white house. >>> military suicides have reached record levels. so bad that the secretary of defense calls it an epidemic. the pentagon says there were 349 suicides among active duty personnel last year. that's more than the number of combat deaths in afghanistan. experts say iraq and afghanistan war veterans suffering from depression and post traumatic stress are at the highest risk. >>> secretary of state hillary clinton will testify next week about the deadly attack on the
but the president says he will not have the debt ceiling tied to the bills congress has already racked up. >> what i will not do is to have that negotiation with a gun at the head of the american people. >> reporter: the debt ceiling deadline is just one of three budget showdowns the white house and congress face in the coming months. house speaker john boehner said if laws do not tackle the debt and spending at the same time, it will cost americans jobs. in a statement, senate...
173
173
Jan 15, 2013
01/13
by
KGO
tv
eye 173
favorite 0
quote 0
he announced if congress doesn't raise the debt ceiling america will go into default on its loans and we might have to say good bye to florida. an economist named paul krugman is supportive of an idea as a stopgap. he is suggesting that the treasury mint a trillion dollar county and deposit it in the federal reserve which is how "the lord of the rings" starts, isn't it? i don't know if americans could be trusted with a trillion dollar coin. 100 billion bags of doritos comes down. the treasury will not mint a trillion dollar coin. that is a shame. wouldn't it be nice to mint up nine or ten and say we're even. get this crap you made out of here and leave us alone. thank you. this is a great video. this was shot at the u.s. military academy in west point. a cadet found a mouse in his dorm room and he released a it into the wild. >> you're free. go. get on out. good luck. >> how do you feel? >> i feel relieved. that he's not going to wake me up in my bed any more crawl on my leg. but kind of sad. just got to know him. and -- oh, no. no! you kidding me? he didn't last five minutes. >> jimm
he announced if congress doesn't raise the debt ceiling america will go into default on its loans and we might have to say good bye to florida. an economist named paul krugman is supportive of an idea as a stopgap. he is suggesting that the treasury mint a trillion dollar county and deposit it in the federal reserve which is how "the lord of the rings" starts, isn't it? i don't know if americans could be trusted with a trillion dollar coin. 100 billion bags of doritos comes down. the...
183
183
Jan 15, 2013
01/13
by
KNTV
tv
eye 183
favorite 0
quote 0
what will happen if the congress doesn't move to raise the debt ceiling? there's two possible scenarios. the government waits until it has enough money to pay all its obligations for a single day and then it sends out payments late or, two, it can pick and choose winners until the situation gets resolved. president obama's warning of a near total government shutdown is untrue. sam brock, nbc bay area news. >>> some good insight there. president obama also addressed gun control. he wants universal background checks and a ban on assault rifles. nbc bay area's janelle wang has more in our world tonight. >>> tomorrow vice president joe biden is expected to bring similar recommendations to the president. biden was acy signed to head a task force following the sandy hook massacre. today marks one month since the shooting in newtown. 20 students and six educators, many of the victims' parents gathered today to announce the formation of the sandy hook promise. the mission, to honor the 26 lives lost. it also calls for open discussion on gun ownership, mental healt
what will happen if the congress doesn't move to raise the debt ceiling? there's two possible scenarios. the government waits until it has enough money to pay all its obligations for a single day and then it sends out payments late or, two, it can pick and choose winners until the situation gets resolved. president obama's warning of a near total government shutdown is untrue. sam brock, nbc bay area news. >>> some good insight there. president obama also addressed gun control. he...
172
172
Jan 15, 2013
01/13
by
FOXNEWSW
tv
eye 172
favorite 0
quote 0
the president suggesting if congress does not want to raise the debt ceiling, he could. >> what i'm saying to you is that there's no simpler solution, no ready, credible solution other than congress either give me the authority to raise the debt ceiling or exercise the responsibility that they have kept for themselves and raise the debt ceiling because this is about paying your bills. everybody, everybody here understands this. i mean, this is not a complicated concept. you don't go out to dinner and then, you know, eat all you want and then leave without paying the check. and if you do, you're breaking the law. >> megyn: jonna spilbor is a columnist and writer for the national review. those comments, he goes on to say there's no simpler solution, no ready credible solution other than congress give me the authority to raise the debt ceiling or raise the debt ceiling themselves there's no simpler ready solution other than that, that have some people believing he's telegraphing, i'm telling you, it's simplest for you to do it, but i'm willing to do the more complicated route. >> i'm not sure
the president suggesting if congress does not want to raise the debt ceiling, he could. >> what i'm saying to you is that there's no simpler solution, no ready, credible solution other than congress either give me the authority to raise the debt ceiling or exercise the responsibility that they have kept for themselves and raise the debt ceiling because this is about paying your bills. everybody, everybody here understands this. i mean, this is not a complicated concept. you don't go out...
78
78
Jan 15, 2013
01/13
by
KNTV
tv
eye 78
favorite 0
quote 0
. >>> there are answers for renewed calls for congress to raise the debt ceiling. for more on that and a look at the world markets and how they did overnight, we turn to seema mody at cnbc world headquarters. >> good morning to you. let's start with markets. futures lower after a mixed session on monday. as you pointed out apple weighing on tech on reports that it is cutting component costs but dell took others higher on talks it's in talk with several firms. we get a trio of federal reserve officials speaking out about the economy today. the dow rising 18 points in yesterday's trade and nasdaq slipping eight to close at 3117. here's our top story. treasury secretary tim geithner is calling on congress to raise the debt ceiling. in a letter to lawmakers geithner says it could cause harm to the u.s. economy. the government will run out of tools to avoid defaulting on debt sometime in late february or early march. that would mean social security and other government benefit checks would stop going out. fed chairman ben bernanke is joining the cause saying the economy
. >>> there are answers for renewed calls for congress to raise the debt ceiling. for more on that and a look at the world markets and how they did overnight, we turn to seema mody at cnbc world headquarters. >> good morning to you. let's start with markets. futures lower after a mixed session on monday. as you pointed out apple weighing on tech on reports that it is cutting component costs but dell took others higher on talks it's in talk with several firms. we get a trio of...
256
256
Jan 15, 2013
01/13
by
KTVU
tv
eye 256
favorite 0
quote 0
s&p down 4. >>> ben bernanke thinks congress should raise the debt ceiling. that was the message, the federal reserve chairman delivered -- delivered at the university of michigan. he said congress needs to act quickly. they want to avoid a credit rating change and that could affect the economy. >>> the cold weather definitely having an impact on the central valley which grows about 8% of the country's fruits and vegetables. one family farm is in newcastle, california. that's about off 80 on the way to tahoe. farming is a tricky business. now, this cold weather is actually good news for their crop of mandarins but only to a point. >> whatever doesn't kill them makes them sweeter. so if you can get the mandarins as close to frozen as you can but not frozen, the trees push sugar into the fruit and it increases the quality of the fruit. >> analysts say orange and lemons are most vulnerable. that means higher prices. strawberries, avocados, affected as well. for avocado, one farmer says if the trees get damaged production is down for the whole year. in the next h
s&p down 4. >>> ben bernanke thinks congress should raise the debt ceiling. that was the message, the federal reserve chairman delivered -- delivered at the university of michigan. he said congress needs to act quickly. they want to avoid a credit rating change and that could affect the economy. >>> the cold weather definitely having an impact on the central valley which grows about 8% of the country's fruits and vegetables. one family farm is in newcastle, california....
96
96
Jan 15, 2013
01/13
by
KRCB
tv
eye 96
favorite 0
quote 0
him he will be glad to take it but congress needs to send him a debt ceiling increase. remember the debt sealing acording to the treasury department is due to run out to laps and we would approach a default position sometime in the middle of february, just next month. there is not a lot of time. now republicans have said and i asked the president about this you know, historically the debt ceiling because it oftentimes difficult to get votes in congress to pass a debt ceiling, has often been accompanied by fiscal or deficit reduction measures. back in the '80s, the '90s and even in president's presidency himself he has signed four laws raising debt ceiling. three were tied to some sort of fiscal management, legislation itself. but the president now says i'm tired of negotiating all those things, raised the debt ceiling and then i will get on with other conversations with you about dealing with the sequester, the across-the-board spending cuts and other budget related issues. but not until you take care of the debt ceiling and get that off the table that was the president
him he will be glad to take it but congress needs to send him a debt ceiling increase. remember the debt sealing acording to the treasury department is due to run out to laps and we would approach a default position sometime in the middle of february, just next month. there is not a lot of time. now republicans have said and i asked the president about this you know, historically the debt ceiling because it oftentimes difficult to get votes in congress to pass a debt ceiling, has often been...
174
174
Jan 15, 2013
01/13
by
FOXNEWSW
tv
eye 174
favorite 0
quote 0
if the congress does not raise the debt ceiling, we do not default. we do not default. we have 2 1/2 trillion dollars worth of tax revenue coming into the treasury every year. we can use some of that money to pay our interest on our debt. we will meet our obligations on our debt regardless of the debt ceiling. we will not default. that is an absolute, we will not default. the idea that we will if we don't raise the debt creel something an absolute flat out myth. >> gretchen: what else did he say you didn't agree with? >> the use of the expression, dead beat nation, that really is talking down america. the president is encouraging congress, encouraging america to pay its bills using a credit card to pay its bills, using borrowed money to pay its bills. that credit card will never be paid off and the balance on it will never be paid down. that is dead beat behavior and that should be pointed out. by using that expression, the president is talk down america. we stand not as tall in the eyes of the world when the president uses that kind of language. >> gretchen: could it a
if the congress does not raise the debt ceiling, we do not default. we do not default. we have 2 1/2 trillion dollars worth of tax revenue coming into the treasury every year. we can use some of that money to pay our interest on our debt. we will meet our obligations on our debt regardless of the debt ceiling. we will not default. that is an absolute, we will not default. the idea that we will if we don't raise the debt creel something an absolute flat out myth. >> gretchen: what else did...
67
67
Jan 15, 2013
01/13
by
CSPAN
tv
eye 67
favorite 0
quote 0
act, and he compared the debt ceiling to that. so are you considering a plan b, and if not, why not? >> well, chuck, the issue here is whether or not america pays its bills. we are not a deadbeat nation. and so there's a very simple solution to this: congress authorizes us to pay our bills. now, if the house and the senate want to give me the authority so that they don't have to take these tough votes, if they want to put the responsibility on me to raise the debt ceiling, i'm happy to take it. mitch mcconnell, the republican leader in the senate, had a proposal like that last year, and i'm happy to accept it. but if they want to keep this responsibility, then they need to go ahead and get it done. and there are no magic tricks here. there are no loopholes. there are no easy outs. this is a matter of congress authorizes spending. they order me to spend. they tell me, you need to fund our defense department at such and such a level, you need to send out social security checks, you need to make sure that you are paying to care for o
act, and he compared the debt ceiling to that. so are you considering a plan b, and if not, why not? >> well, chuck, the issue here is whether or not america pays its bills. we are not a deadbeat nation. and so there's a very simple solution to this: congress authorizes us to pay our bills. now, if the house and the senate want to give me the authority so that they don't have to take these tough votes, if they want to put the responsibility on me to raise the debt ceiling, i'm happy to...
99
99
Jan 15, 2013
01/13
by
FOXNEWSW
tv
eye 99
favorite 0
quote 0
doesn't vote to raise the debt ceiling. president obama does it unilaterally, what are you going to do? >> this is the constitutional crisis. i don't know exactly what that looks like, but the president has absolutely no authority to do that. i don't know how you exactly deal with that, but he cannot do that. there's absolutely no way. >> greta: if he doesn't-- he says if he's not going to change the spending, he says spending is separate from the debt ceiling in his mind. if he doesn't create spending or a spending cut, what happens? we've come to a stand still? >> look, the first move, the house republicans, the house has to move first, and i think we've got to show the country we're serious about curbing back spending and we've got to send that over to the senate and the senate has to act. remember, it's more than three or four years now since the senate has actually passed a budget. not only do we have problems getting a budget out of the white house, but the democrats are producing-- >> you're working this out for me.
doesn't vote to raise the debt ceiling. president obama does it unilaterally, what are you going to do? >> this is the constitutional crisis. i don't know exactly what that looks like, but the president has absolutely no authority to do that. i don't know how you exactly deal with that, but he cannot do that. there's absolutely no way. >> greta: if he doesn't-- he says if he's not going to change the spending, he says spending is separate from the debt ceiling in his mind. if he...
166
166
Jan 15, 2013
01/13
by
MSNBCW
tv
eye 166
favorite 0
quote 0
president asks congress to raise the debt ceiling when it's within $100 billion. step two, the congress rejects that request and sends a joint resolution of disapproval back to the white house. step three, obama vetoes the resolution of disapproval. step four, congress does nothing. as long as the house and senate wait 15 days before addressing the white house veto, then the president gets his original wish and the debt ceiling automatically goes up. in other words, a redo of the fiscal cliff threatening the u.s. economy. give extremism and allow congress to basically do anything. welcome to washington. andrew, is this -- is this the way it goes now? >> i'm depressing. it is depressing are but it's also maybe the viable path forward. in terms of harm done to the u.s. economy sshgs that the best solution? >> i cannot get behind that. by the way, count get behind the platinum coin. we could draw something on a little piece of paper, and they could hand it to me. i can't get behind any of that. ultimately, we have to actually figure this out. the president has to fig
president asks congress to raise the debt ceiling when it's within $100 billion. step two, the congress rejects that request and sends a joint resolution of disapproval back to the white house. step three, obama vetoes the resolution of disapproval. step four, congress does nothing. as long as the house and senate wait 15 days before addressing the white house veto, then the president gets his original wish and the debt ceiling automatically goes up. in other words, a redo of the fiscal cliff...
82
82
Jan 15, 2013
01/13
by
CSPAN
tv
eye 82
favorite 0
quote 0
here's what he had to say on the debt ceiling debate. [video clip] >> republicans and congress have two choices. they can act responsibly and pay america's bills or they can act irresponsibly and put america through another economic crisis. but they will not collect ransomed in exchange for not crashing the american economy. the financial well-being of the american people well-being is not a leverage to be used. the full faith and credit of the united states is not a bargaining chip. they had better choose quickly, because time is running short. the last time republicans in congress even flirted with this idea, r. triple-a credit rating was downgraded for the first time in our mystery, our businesses created the few jobs in any month in nearly the past three years, and the whole fiasco added to the deficit. host: after the news conference yesterday, house speaker john boehner responded with this statement -- " what are your thoughts on this? if the debt ceiling negotiable. some quick comments -- remember, you can post your comments on tw
here's what he had to say on the debt ceiling debate. [video clip] >> republicans and congress have two choices. they can act responsibly and pay america's bills or they can act irresponsibly and put america through another economic crisis. but they will not collect ransomed in exchange for not crashing the american economy. the financial well-being of the american people well-being is not a leverage to be used. the full faith and credit of the united states is not a bargaining chip. they...
101
101
Jan 15, 2013
01/13
by
KTVU
tv
eye 101
favorite 0
quote 0
government will run out of money to pay its bills if congress does not raise the debt ceiling. president barack obama said congress needs to pay its bills but republicans want any bills paid to be tied to spending cuts. >> they have two choices, they can act responsibly and pay america's bills or they can act irresponsibly and put america through another economic crisis. >>> and the gop is prepared for a fight saying quote, the consequences of failing to increase the debt ceiling are real, but so too are allowing our spending problem to go unresolved. >>> convenience stores will be busy today. people want to hit the new jackpot drawing, an estimated $62 million. on friday, somebody in orange veil matched all five mumps minus the mug did he -- five numbers minute news the meganumber giving them a $250,000 pay day. >>> it is almost every wear and as a -- everywhere and as a matter of fact looking at highway 4 traffic is slowing down from bay point to concord. traffic is mostly slow and the only good news is we have not had any major crashes but we have had our share of slow traff
government will run out of money to pay its bills if congress does not raise the debt ceiling. president barack obama said congress needs to pay its bills but republicans want any bills paid to be tied to spending cuts. >> they have two choices, they can act responsibly and pay america's bills or they can act irresponsibly and put america through another economic crisis. >>> and the gop is prepared for a fight saying quote, the consequences of failing to increase the debt ceiling...
91
91
Jan 15, 2013
01/13
by
CNNW
tv
eye 91
favorite 0
quote 0
they're already angry at him, so him saying we should from the debt ceiling is not going to do anything in congress. >> part of the problem is the debt seems to go up and good times and bad times and no one ever seems to have the courage to cut it, but it's a very bipartisan thing in terms of raising it. 76 times it's been raised since 1962. and the number one president in terms of raising it, the winner is ronald reagan at 17 times. that might shock people who like to see him as the paragon of responsible spending. >> we'll start with the deficit, shrinking more rapidly than at any time since the end of the korean war. in the end of december, we had a deficit for the month of $260 million, not $260 billion, $260 million. which in washington is almost the budget. that's the smallest monthly deficit in five years. some of that is artificial. people pulling transactions forward because they were afraid of higher tax rates in 2013. but for the first three months of 2013, we have a rapidly shrinking fiscal 2013, we have a rapidly shrinking deficit. so we are in a way chasing a vanishing pro
they're already angry at him, so him saying we should from the debt ceiling is not going to do anything in congress. >> part of the problem is the debt seems to go up and good times and bad times and no one ever seems to have the courage to cut it, but it's a very bipartisan thing in terms of raising it. 76 times it's been raised since 1962. and the number one president in terms of raising it, the winner is ronald reagan at 17 times. that might shock people who like to see him as the...
186
186
Jan 15, 2013
01/13
by
KQEH
tv
eye 186
favorite 0
quote 1
president obama tells congress we're not a deadbeat nation, and they need to raise the debt ceiling now, so we can pay our bills on time. >> tom: i'm tom hudson. a sour day for apple investors. the stock tumbles to 11 month lows on new worries about waning demand for the iphone 5. >> susie: but a banner day for g.m., the cadillac ats takes car of the year at the big auto show in detroit, and its new corvette stingray wows gear heads around the globe. >> tom: that and more tonight on "n.b.r."! >> susie: the next big fight in washington has begun. president obama today called on republican lawmakers to authorize an increase in the nations debt limit, saying that messing with it could potentially have catastrophic results for many americans and the overall economy. he warned markets would go haywire if congress does not act, interest rates would rise, and checks to social security beneficiaries would stop. and he said even thinking about the u.s. not paying its bills is irresponsible and, "absurd". darren gersh reports. >> reporter: in his first news conference of the new year the presiden
president obama tells congress we're not a deadbeat nation, and they need to raise the debt ceiling now, so we can pay our bills on time. >> tom: i'm tom hudson. a sour day for apple investors. the stock tumbles to 11 month lows on new worries about waning demand for the iphone 5. >> susie: but a banner day for g.m., the cadillac ats takes car of the year at the big auto show in detroit, and its new corvette stingray wows gear heads around the globe. >> tom: that and more...
258
258
Jan 15, 2013
01/13
by
KPIX
tv
eye 258
favorite 0
quote 0
with a gun at the head of the american people. >> reporter: the debt ceiling deadline is just one of three budget showdowns the white house and congress face in the coming months. house speaker john boehner said if lawmakers don't tackle the debt and spending at the same time it will cost jobs. in a statement, senate majority leader mitch mcconnell said the president and his allies need to get serious about spending. president obama also addressed the possibility of new gun legislation. >> if there is a step we can take that will save even one child from from what happened in newtown, we should take that step. >> reporter: the president has seen recommendations from vice president joe biden's gun violence task force and plans to lay out action he will take to curb gun violence later this week. danielle nottingham, cbs news, the white house. >>> if your boss offered you more money would you refuse? why a bay area fire chief denied a pay raise. >> and how berries can help women fight heart disease. >>> good evening to you, meteorologist paul deanno live along the embarcadero. cold outs
with a gun at the head of the american people. >> reporter: the debt ceiling deadline is just one of three budget showdowns the white house and congress face in the coming months. house speaker john boehner said if lawmakers don't tackle the debt and spending at the same time it will cost jobs. in a statement, senate majority leader mitch mcconnell said the president and his allies need to get serious about spending. president obama also addressed the possibility of new gun legislation....
99
99
Jan 15, 2013
01/13
by
MSNBCW
tv
eye 99
favorite 0
quote 0
raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. >> and of course republicans tried to trick americans into believing the debt ceiling was a blank check or magic credit card for the president to go spend whatever he wanted to spend. of course, the united states constitution gives the power to spend to congress. the result is the money congress has already borrowed. president obama explained to the american people in congress how they're trying to do their actual jobs. >> these are bills that are racked up. and we need to pay them. so while i'm willing to find compromise on how to pay our debts, americans should not be stopped from paying the bills we racked up. >> the country will be in a dire situation. president obama knows this. he proved it before, and he is not going to play games with economic stability. >> so we have to pay our bills. and republicans in congress have two choices here, they can act responsibly and pay america's bills. or t
raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. >> and of course republicans tried to trick americans into believing the debt ceiling was a blank check or magic credit card for the president to go spend whatever he wanted to spend. of course, the united states constitution gives the power to spend to congress. the result is the money congress has already borrowed. president obama explained...
102
102
Jan 15, 2013
01/13
by
MSNBCW
tv
eye 102
favorite 0
quote 0
raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. >> and of course republicans tried to trick americans into believing the debt ceiling was a blank check or magic credit card for the president to go spend whatever he wanted to spend. of course, the united states constitution gives the power to tax and spend to the congress, and the congress alone. our current deficit is the result of money congress has already borrowed. president obama explained to the american people today how republicans in congress are trying to avoid doing their actual jobs. >> these are bills that have already been racked up. and we need to pay them. so while i'm willing to compromise and find common ground over how to reduce our deficits, america cannot afford another debate with this congress about whether or not they should pay the bills they've already racked up. >> if the american people do not catch on to the severity of all of this, of defaulting on our debts, the cou
raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. >> and of course republicans tried to trick americans into believing the debt ceiling was a blank check or magic credit card for the president to go spend whatever he wanted to spend. of course, the united states constitution gives the power to tax and spend to the congress, and the congress alone. our current deficit is the result of money...
269
269
Jan 15, 2013
01/13
by
CNNW
tv
eye 269
favorite 0
quote 1
officially hit the debt ceiling set by congress on december 31st. facebook is inviting the media to an event to come see the building. there is speculation they will be unveiling their own smart phone. it could be a new search imagine that will tap into friends's suggestions and take on google. >> what the world needs. another smart phone. >> thank god. >> we all have our smart phones. >> we need a bigger table. >> if it's good and it takes my friend's suggestions, buy it. >> i take my friend's suggestions. i want to take them. >> we have been talking about the cover of the daily news and talking about the new ap from the national rifle association. just a month after. >> here came up with this. >> completely missing the one-month anniversary. >> that are we were talking about and in newtown, connecticut. nra practice range. it's a free ap for ages 4 and over. it includes a 3d shooting game with targets that are in the shape of coffins. >> would you want your 4-year-old doing that? are you kidding me? crazy. >> the nr a's ceo singled out vicious vio
officially hit the debt ceiling set by congress on december 31st. facebook is inviting the media to an event to come see the building. there is speculation they will be unveiling their own smart phone. it could be a new search imagine that will tap into friends's suggestions and take on google. >> what the world needs. another smart phone. >> thank god. >> we all have our smart phones. >> we need a bigger table. >> if it's good and it takes my friend's suggestions,...
201
201
Jan 15, 2013
01/13
by
FBC
tv
eye 201
favorite 0
quote 0
holding the debt ceiling hostage is not the way to deal with that. take a listen. >> the uncertainty and washington is troublesome. jeff: what message would you sent to the president, to congress, other than, get it done? >> i would like to be a little more respectful than that. you have to find common ground for the good of the country. it has to be a win-win for both political spectrum's. jeff: if they do not extend the debt ceiling, does that damage the economy beyond what you would want to see? >> i do not know exactly what the damage would be. i think it is clear. both the president and congress know we have a spending problem. i do not think you can hold one aspect of the sequester part of the budget or the limit on the national debt hostage to the good of the country and the economic progress. jeff: dan akerson exclusively on the fox business network talking about the debt ceiling. possibly the sexiest unveil of the show. it was the chevy corvette. the seventh generation. that is one of the things that dan akerson is concerned about. they are
holding the debt ceiling hostage is not the way to deal with that. take a listen. >> the uncertainty and washington is troublesome. jeff: what message would you sent to the president, to congress, other than, get it done? >> i would like to be a little more respectful than that. you have to find common ground for the good of the country. it has to be a win-win for both political spectrum's. jeff: if they do not extend the debt ceiling, does that damage the economy beyond what you...
191
191
Jan 15, 2013
01/13
by
KGO
tv
eye 191
favorite 0
quote 0
he added if congress fails to raise the debt ceiling american people will pay the price. >> social security checks and veteran benefits will be delayed. we might not be able to pay our troops or honor our contracts with small business owner autos again and again, the president repeated the fact raising the debt ceiling only allows for payment of bills that congress has already racked up. but when we went out to talk with residents most had no idea what it was or what it meant. if congress raises it, what does it do? >> puts us in debt. >> ate lous him to borrow more money. >> i feel goitsing to raise prices on everything. >> when explaining what it means, most told us they won't raise it. >> i hope rinz would. i do. >> coming up at 6:00 why he thinks the president did likely to win this one. he'll say what he needs to do before the debt ceiling comes up for a vote. >> clearly a lot of confusion about that. cuba's new law easing travel restrictions began today pechl are taking advantage of it. >> they stood in long lines outside travel agencies and the u.s. interest section.g1u in havana. an
he added if congress fails to raise the debt ceiling american people will pay the price. >> social security checks and veteran benefits will be delayed. we might not be able to pay our troops or honor our contracts with small business owner autos again and again, the president repeated the fact raising the debt ceiling only allows for payment of bills that congress has already racked up. but when we went out to talk with residents most had no idea what it was or what it meant. if congress...
138
138
Jan 15, 2013
01/13
by
MSNBCW
tv
eye 138
favorite 0
quote 0
raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. these are bills that have already been racked up. and we need to pay them. so while i'm willing to compromise and find common ground over how to reduce our deficits, america cannot afford another debate with this congress about whether or not they should pay the bills they have already racked up. but to even entertain the idea of this happening, of the united states of america not paying its bills is irresponsible. it is absurd. the full faith and credit of the united states of america is not a bargaining chip. and they had better choose quickly because time is running short. >> house republicans continued to threaten to use the debt ceiling as a bargaining chip. house republican conference chairwoman kathy rogers told "political" i think it is possible we would shut down the government to make sure that president obama understands that we're serious. well, i guess that would do it. we always talk
raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. these are bills that have already been racked up. and we need to pay them. so while i'm willing to compromise and find common ground over how to reduce our deficits, america cannot afford another debate with this congress about whether or not they should pay the bills they have already racked up. but to even entertain the idea of this happening, of...
139
139
Jan 15, 2013
01/13
by
CNBC
tv
eye 139
favorite 0
quote 0
bernanke weighing in on the debt ceiling in michigan late yesterday. >> raising the debt ceiling, which congress has to do periodically, gives the government the ability to pay its existing bills. it doesn't create new deficits, it doesn't create new spending. so not raising the debt ceiling is sort of like a family which is trying to improve its credit rating saying, i know how we can save money, we won't pay our credit card bills. not the most effective way to improve your credit rating. >> the metaphors, jim, whether it's a family not paying the credit card bills, the president saying it's like dining and dashing at a restaurant, the only thing is we've got two weeks of respite and then we're off to the races again. >> after the civil war, there was tremendous partisanship in this country. a tumultuous time. the level of bipartisanship. there's such hatred that you can't get in a room. it never seems like obama gets in the room. biden got in the room beforehand. but look, everybody hates each other down there. it's exactly the opposite of what you would expect from a respected nation
bernanke weighing in on the debt ceiling in michigan late yesterday. >> raising the debt ceiling, which congress has to do periodically, gives the government the ability to pay its existing bills. it doesn't create new deficits, it doesn't create new spending. so not raising the debt ceiling is sort of like a family which is trying to improve its credit rating saying, i know how we can save money, we won't pay our credit card bills. not the most effective way to improve your credit...
110
110
Jan 15, 2013
01/13
by
CSPAN
tv
eye 110
favorite 0
quote 0
raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. these are bills that have party been racked up, and we need to pay them. so while i am willing to compromise and find common ground for how to reduce the deficits, america cannot afford another debate with this congress about whether or not they should pay the bills they have already racked up. if congressional republicans refuse to pay america's bills on time, social security checks, veterans benefits will be delayed. we might not be able to pay our troops or honor our contracts with small-business owners. food inspectors, air traffic controllers, specialists who track down loose nuclear materials would not get their paychecks. investors around the world will ask if the united states of america is in fact a safe bet. markets could go haywire. interest rates would spike for anyone who borrowed money. every homeowner with a mortgage, every student with the business -- every student with the student
raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. these are bills that have party been racked up, and we need to pay them. so while i am willing to compromise and find common ground for how to reduce the deficits, america cannot afford another debate with this congress about whether or not they should pay the bills they have already racked up. if congressional republicans refuse to pay america's...
158
158
Jan 15, 2013
01/13
by
KQED
tv
eye 158
favorite 0
quote 0
ceiling and he once again said there was no way he'd negotiate with congress about something it should do anyway. >> they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> reporter: republicans called the president hypocritical for saying he will not negotiate over the debt limit while blasting republicans for refusing to negotiate. and they fired back that the debate over the debt ceiling was the perfect time to consider legislation to cut spending. at the same time, only a handful of republicans have actually said they'd let the united states default on its bills. >> the president claims this, but republicans have always raised the debt ceiling. we've never seen the debt limit fail to be raised. all they have said is we want to apply the same criteria that the president himself applied when he was a senator and say we don't want to give the president a blank check. we would like to fix the substan
ceiling and he once again said there was no way he'd negotiate with congress about something it should do anyway. >> they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> reporter: republicans called the president hypocritical for saying he will not negotiate over the debt limit while blasting...